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Rabobank positive around EU pigmeat prospects for remainder of 2016

1 Aug 2016

• 1 Aug 11:24

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According to the latest Rabobank report, market prospects for EU pig producers for the second half of 2016 are expected to be helped by tight EU supplies combined with Chinese import demand remaining at elevated levels. EU pig supplies will tighten during the second half of 2016 in response to breeding herd numbers falling from the beginning of Quarter 3 2015 up until at least April 2016. Strong export demand combined with tightening EU supplies have seen EU pig prices rise by around 30 cent/kg over the past two months. EU exports for the first four months of 2016 have risen by 35% to 1.3 million tonnes compared to the corresponding period in 2015. Shipments of pork. Read more...